211 Swope Ave
Colorado SpringsCO80909
Cheap Homes for Rent in the Downtown Neighborhood of Colorado Springs, CO from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Colorado Springs.
427-431 E Bijou St
Colorado SpringsCO80903
815 N Nevada Ave
Colorado SpringsCO80903
514 Warren Ave
Colorado SpringsCO80905
1411 S Corona Ave
Colorado SpringsCO80905
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$9331 Bedroom Apartments Available Sep 18
315 May Dr
315 May DrColorado Springs, CO 80905
Colorado Springs's Best Affordable Neighborhoods
Learn about Colorado Springs and the best places to live with original content written by our Local Expert Darla Ferrara
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$980Studio Apartments Available Now
423 N Wahsatch Ave, Unit 6
423 N Wahsatch AveColorado Springs, CO 80903
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$1,0451 Bedroom Apartments Available Aug 20
604 N Weber St, Unit 7
604 N Weber StColorado Springs, CO 80903
537 E Platte Ave
Colorado SpringsCO80903
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$1,1951 Bedroom Apartments Available Now
319-321 E Brookside St, Unit 17
319-321 E Brookside StColorado Springs, CO 80905
107 N Prospect St, Unit prospect
107 N Prospect St
Colorado SpringsCO80903
17 N Meade Ave
Colorado SpringsCO80909
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
215 E Dale St
Colorado SpringsCO80903
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$1,3502 Bedroom Apartments Available Now
1920 E Yampa St, Unit 1
1920 E Yampa StColorado Springs, CO 80909
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$1,3501 Bedroom Apartments Available Aug 19
814 E Cimarron St, Unit 1
814 E Cimarron StColorado Springs, CO 80903
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$1,3501 Bedroom Apartments Available Sep 1
637 E Willamette Ave, Unit 3
637 E Willamette AveColorado Springs, CO 80903
943 E Las Animas St
Colorado SpringsCO80903
238 N Prospect St
Colorado SpringsCO80903
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-18, Page 1 of 1
Downtown, Colorado Springs, CO Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $1,818 | $800 | $4,000 |
| Downtown 3 Bedroom Homes for Rent | $2,122 | $800 | $2,849 |
| Downtown 4 Bedroom Homes for Rent | $2,447 | $2,100 | $2,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Colorado Springs, CO.
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Colorado Springs, CO is a 1 Bed unit found at BG - SUMMIT VIEW APARTMENTS priced from $795. Southgate Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Downtown apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BG - SUMMIT VIEW APARTMENTS | 1BR/1.0BA | 1BR,1BA | $795 |
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $849 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $849 |
| Sienna Place | 1X1 | 1BR,1BA | $918 |
| Jasmine Springs | B1 | 2BR,1BA | $925 |
Best Value Apartments for Rent in Downtown, CO
As of July 29, 2026 the best value apartment in the Downtown area is the $0.94 price per square foot 2 Beds, 1 Baths Model at Rosewood Apartments in the in the Memorial Park neighborhood starting from $849. The second greatest value Downtown apartment is the 2 Beds, 1 Baths Model at Union Blvd Apartments starting at $929 with a $1.03 price per square foot in the Memorial Park neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Cascade Park | 1x1 | 1BR,1BA | $1.76 |
| Jasmine Springs | B1 | 2BR,1BA | $1.18 |
| The Village at Homewood Point | 2x1 50% | 2BR,1BA | $1.61 |
| Sienna Place | 2X1 | 2BR,1BA | $1.38 |
| Tamarac | 2x1 50% | 2BR,1BA | $1.77 |
| Weidenhaft Mitchell Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.71 |
| Prospect Park | 1x1 | 1BR,1BA | $1.58 |
| BG - SUMMIT VIEW APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1.59 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 243 Apartments for Rent in Downtown, CO with pricing that ranges from $795 to $4,290. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $550 to $4,000.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $550 to $4,000 with an average monthly rent of $1,665.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,400 to $3,892, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,849. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $3,800.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods
Written by: Darla Ferrara
If your perfect college experience involves a blend of breathtaking mountain views and vibrant city living, then Colorado Springs, CO, might be the right choice for you.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.